Economic Times Top Stories

• Chandrasekaran's Exit: Succession Planning and the Board's Responsibility
• MCA tightens Ind AS accounting rules, revises financial instrument classification and disclosure norms
• RK Forgings targets Rs 10,000 crore revenue by FY30, eyes 15-20% volume growth: CFO
• Only 22 Women CFOs, 9 CEOs Among Top 500 Listed Firms
• N Chandrasekaran’s five big moves: The bets and battles that defined his Tata Sons tenure
• Chandrasekaran exit marks end of transformative Tata era, CFOs flag succession challenge
• Tata Sons Chairman N Chandrasekaran to step down in February 2027
• Beyond Chandrasekaran: Will Tata Sons opt for a new chairman or split power between chairman and CEO?
• India's direct tax collections rise 23% to Rs 8.11 lakh crore as non-corporate tax drives growth
• Finance panel seeks sector-specific audit studies, faster NFRA reforms

Economic Times

• RBI to stay in 'wait-and-watch' mode, supply side induced hike in inflation under watch
• Jindal Stainless investing Rs 900 cr to increase cold rolling capacity to 2.67 MT by FY28: MD
• ONGC gets US licence to resume full Venezuela operations, eyes operatorship
• Indian Bank plans to garner $400 million via ECB this week: MD Binod Kumar
• Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; TCS takes biggest hit
• Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positions
• India could reach $20 trillion by 2036 with 14.2% rupee growth: Equirus
• PM Modi Speech Highlights: Prime Minister sets 2047 target, pitches self-reliance and faster growth on Independence Day 2026
• Oracle layoffs August 2026: ‘6am layoff email’ may hit inboxes next month on this date as managers asked for names, after 10,000+ workers were cut in March
• SC slaps Rs 10 lakh fine on Reliance Industries for delaying NTPC gas supply suit

CA Club India

• Key Allowances and Deductions Available to Taxpayers for Tax Year 2026-27
• CBDT Issues FAQs on Section 536 Transition Provisions Under Income Tax Act, 2025
• Tax Benefits for Senior Citizens in FY 2026-27: Deductions, TDS Relief and ITR Exemptions
• CBDT Releases Guidance Note on Crypto-Asset Reporting Obligations under Income Tax Act 2025
• Taxpayers Beware: PIB Exposes Fake Income Tax Notice Asking for Rs 6000 Payment
• NCLT Launches e-Inspection and e-Certified Copy Services to Enhance Digital Access for Stakeholders
• ITR-7 Online Utility Enabled on Income Tax Portal for AY 2026-27
• MSME Development (Amendment) Bill, 2026 Passed by Parliament
• Direct Tax Collections Jump 23% to Rs 8.11 Lakh Crore as on 10th Aug 2026
• CBDT Approves Sir Ganga Ram Trust Society for Scientific Research Tax Benefits Under IT Act, 2025

BBC News

• Russia says at least seven killed in largest Ukrainian attack of 2026
• Watch: BBC visits smouldering market in Ukraine after strikes
• Emergency phone alert put domestic abuse victims at risk, campaigners say
• Murder inquiry after man bitten by dog dies
• Calls for public inquiry into Jason Arday 'witch hunt'
• Changing pubs into homes to be made harder under new rules
• Two dead and hundreds evacuated after twin fires break out on Greek island
• Watch moment police arrest wanted man while he slept on roof
• People who fled Stourbridge fires start to return home
• Four 'extraordinary' Renaissance paintings stolen from Italian museum